Daily Management Review
Economics

How can OPEC regain market's trust?

OPEC member producing countries made it clear that their promise to "do all what it takes" to restore the balance in the oil market does not imply a deeper decline in production. In this case, it is time to switch the market's attention from the management of extraction to export management and let...

China floods the economy with cash

China's central bank increased liquidity injections at a maximum rate in eight months, as demand for financing rose before the week-end vacation at the end of the quarter, reports Bloomberg. The People's Bank of China poured 300 billion yuan ($ 46 billion) in the country's financial system through...

The largest bank in Japan is worried with North Korea

The markets were confused with the recent launch of missiles by North Korea, and so Head of the largest bank of Japan warned his fellow citizens of the danger, reports CNBC. On Friday, North Korea launched a ballistic missile in the direction of Japan. The rocket flew over the island of Hokkaido,...

HSBC forecasts two hikes in interest rates within the next 12 months

According to analysts at HSBC, with the Bank of England deciding to join the other G10 central bankers in the decision to ease off accommodative monetary policy, it is likely that it will act as a wind beneath the sterling’s wings and lift it by at least 15 cents by the end of this year....

ECB Needs ‘Broader Recalibration’ Beyond ‘QE’: Hansson

The maturing debt could be better invested at ECB thinks Hansson. In an interview with Reuters, the ECB’s member of “Governing Council, Ardo Hansson, said that the bank should introduce a “set of measures” as its “next” step which will cover grounds “beyond a decision on asset purchases”.  ...

After China Moves to Halt Exchange, Bitcoin Crashes Again

After there were media reports that China aims to stop exchange trading of cryptocurrencies by the end of September, bitcoin tumbled significantly and is heading for its worst week since January 2015. The media quoted people familiar with the developments in this aspect.   The media quoted...

Italy is close to reducing the debt load

Italy, suffering from the second largest debt burden in the euro area after Greece, may be close to solving this problem, writes Bloomberg. This optimistic forecast is partly explained by the economy, which has been growing the 10th consecutive quarter and maintained growth in the last quarter. In...

Chinese Crackdown Throws Crypto-currency Start-up Market Reeling Into Chaos

Amid confusions and fear stricken investors, the blockchain start-ups widens horizon to manoeuvre through the Chinese ICO ban. The start-up bitcoin sector has been tossed into chaos as China made a move of banning ICO, whereby causing the industry to come to abrupt halts and ‘re-think’ the strategy...

The Bank of England: Incentives can be reduced soon

The Bank of England said that the regulator might see a need to reduce incentives in the coming months. As a result of the September meeting, the central bank decided to leave the benchmark interest rate at a record low 0.25% per annum. Seven members of the Bank of England Monetary Policy Committee...

Junker suggests introducing euro in all EU countries

Speaking in the European Parliament with an annual message on the situation in the European Union, President of the European Commission announced the need to transform the administrative structures of the EU. European Commission Chairman Jean-Claude Juncker proposed introducing a single European...
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